Acquired
Pembroke Dock – Boots Pharmacy
8/10 Dimond Street, Pembroke Dock, Dyfed SA72 6AHFreehold Retail Investment
Tenure
Freehold
Lease Term
5 Years
Years Left on Lease
2y 6m
Area
2,985 SQ FT
VAT Applicable
Yes
Sector
Investment Consideration
- Tenant in occupation since 1993
- Comprises two storey double fronted retail premises t/a Boots Pharmacy
- Future residential development potential subject to vacant possession and planning
- Nearby occupiers include Greggs (adjacent), Post Office (opposite), Specsavers and more.
Key Features
Tenure
Freehold
VAT
VAT is Applicable
Property Description
The property comprises mid-terrace double fronted ground floor shop with ancillary accommodation at first floor, providing the following accommodation and dimensions:
Ground Floor: 277 sq m (2,985 sq ft)
Open plan retail, Office, Kitchenette, Store, WC
First Floor: not measured
Ground Floor: 277 sq m (2,985 sq ft)
Open plan retail, Office, Kitchenette, Store, WC
First Floor: not measured
Tenancy Description
The property is at present let to Boots UK Limited for a term of 5 years from 10th July 2022 at a current rent of £15,200 p.a. and the lease contains full repairing and insuring covenants. Tenant in occupation since 1993.
Tenancies & Accommodation
Location Description
Pembroke Dock is the third largest town in Pembrokeshire, 30 miles west of Carmarthen. The property is situated in the town centre on the south side of Dimond Street, in between it's junction with Meyricks Street and Gordon Street. Occupiers close by include Greggs (adjacent), Post Office (opposite), Specsavers, Londis, Coral and a number of local traders.
